ECN 5210 Intermediate Macroeconomics.pdf

COURSE SPECIFICATION DOCUMENT for Intermediate Macroeconomics (ECN 5210) at Richmond Business School, FHEQ Level 5, with 120 Student Engagement Hours, including 30 lectures, 15 seminars/tutorials, and 75 independent/guided learning hours, offered in Fall/Spring/Summer semesters, worth 12 UK CATS credits, 6 ECTS credits, and 3 US credits.

The course relates macroeconomic theory to government and central banks' problems, emphasizing applicability to macroeconomic strategy, with illustrative material from the UK economy and elsewhere, using a problem-based approach to enable students to understand techniques and conceptual analysis relevance.

Prerequisites include ECN 4110. Aims and objectives include relating macroeconomic theory to key economic problems and emphasizing applicability to targets and instruments of macroeconomic strategy.

Programme outcomes are listed in the Programme Specification, with learning outcomes including subject knowledge and understanding, subject-specific skills, other skills, and numeracy.

Indicative content covers the historic evolution of macroeconomic theory, fix-price and flex-price macroeconomic models, macroeconomic problems, solving macroeconomic problems, theories of consumption and investment, and the demand for and supply of money.

Assessment conforms to University Assessment Norms, with teaching methodology including semi-formal bi-weekly presentations, discussions, readings, audio-visual material, and full use of IT.

The bibliography includes books by Baddeley, Drèze, Harford, Heilbroner, Hicks, Keynes, Laidler, Lipsey, Mankiw, Robbins, Schumpeter, and Skidelski, as well as journals like American Economic Review, Economic Journal, and Quarterly Journal of Economics, and websites like The Economist, The Financial Times, and The Wall Street Journal.